Zoom Video Communications Inc (ZM) is set for another landmark as it hit the volume of 1.94 million

Zoom Video Communications Inc (NASDAQ: ZM) started the day on Thursday, with a price increase of 1.84% at $70.20, before settling in for the price of $68.93 at the close. Taking a more long-term approach, ZM posted a 52-week range of $55.06-$74.77.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was 95.81%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -15.87%. This publicly-traded company’s shares outstanding now amounts to $307.79 million, simultaneously with a float of $261.49 million. The organization now has a market capitalization sitting at $21.61 billion. At the time of writing, stock’s 50-day Moving Average stood at $66.40, while the 200-day Moving Average is $63.81.

Zoom Video Communications Inc (ZM) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Application Industry. Zoom Video Communications Inc’s current insider ownership accounts for 15.04%, in contrast to 59.44% institutional ownership. According to the most recent insider trade that took place on Oct 14 ’24, this organization’s Director sold 12,500 shares at the rate of 68.36, making the entire transaction reach 854,507 in total value, affecting insider ownership by 1,514. Preceding that transaction, on Oct 14 ’24, Company’s Chief Operating Officer sold 10,520 for 68.59, making the whole transaction’s value amount to 721,529. This particular insider is now the holder of 1,978 in total.

Zoom Video Communications Inc (ZM) Earnings and Revenue Records

Zoom Video Communications Inc’s EPS decrease for this current 12-month fiscal period is -15.87% and is forecasted to reach 4.62 in the upcoming year.

Zoom Video Communications Inc (NASDAQ: ZM) Trading Performance Indicators

Let’s observe the current performance indicators for Zoom Video Communications Inc (ZM). It’s Quick Ratio in the last reported quarter now stands at 4.45. The Stock has managed to achieve an average true range (ATR) of 1.55. Alongside those numbers, its PE Ratio stands at $25.15, and its Beta score is -0.05. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.71. Similarly, its price to free cash flow for trailing twelve months is now 12.56.

In the same vein, ZM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.79, a figure that is expected to reach 1.31 in the next quarter, and analysts are predicting that it will be 4.62 at the market close of one year from today.

Technical Analysis of Zoom Video Communications Inc (ZM)

If we take a close look at the recent performances of Zoom Video Communications Inc (NASDAQ: ZM), its last 5-days Average volume was 2.65 million that shows plunge from its year to date volume of 3.28 million. During the previous 9 days, stock’s Stochastic %D was recorded 49.82% While, its Average True Range was 1.56.

Raw Stochastic average of Zoom Video Communications Inc (ZM) in the period of the previous 100 days is set at 87.51%, which indicates a major rise in contrast to 72.69% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 26.27% that was lower than 31.65% volatility it exhibited in the past 100-days period.